From the News from the SEC's Office of Structured Disclosure

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Event date - Tuesday, November 15, 2022

Variable Annuity & Life Insurance Cos – Get the Skill Set for XBRL

Compliance requirements for investment management companies related to the new Securities and Exchange Commission’s (SEC) final rule will start early next year. Variable annuities and life insurance companies will be preparing their disclosures in XBRL format for the very first time. Don’t miss the opportunity to learn from XBRL experts with years of experience working with investment management companies.


Posted Monday, September 12, 2022

SEC CEF and BDC Q&A

SEC CEF and BDC Q&A Do the Risk Factors section of the 10-Q or 10-K need to be tagged if the company refers to the prior filing that indicates there are no further updates or changes? A: It is assumed if the risk factors are not tagged this infers that the risk factors have not […more]


Posted Tuesday, September 6, 2022

FASB Launches Public Review for DQCRT

The Financial Accounting Standards Board (FASB) announced the start of a public review period for the proposed 2023 DQC Rules Taxonomy (DQCRT) which adds the following DQC Rules: • DQC 0013: Negative Values with Dependence • DQC 0015: Negative Values • DQC 0047: Calculation Descendants with No Balance Type • DQC 0053: Excluded Members from […more]


Posted Tuesday, September 6, 2022

August 2022 Newsletter

The Small Business Administration (SBA) streamlined their Surety Bond Guarantee Program with XBRL automation. The head of the SBA, Administrator Isabella Casillas Guzman, noted in their release, “SBA’s Surety Bond Guarantees are critical for small businesses to be able to qualify, compete for, and complete major projects—including many of the improvement projects being funded as […more]


News

Posted Thursday, August 25, 2022

SEC Final Rule on Pay Vs Performance Requires Inline XBRL

The Securities and Exchange Commission (SEC) announced their final rule on Pay Versus Performance, which requires issuers to disclose in any proxy or consent solicitation material compensation-related information including the relationship between executive compensation paid and financial performance of the issuer. The final rule requires registrants to separately tag each value disclosed in the table, […more]


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